Uphold will add GBP support, users can pay through UK bank accounts

The crypto trading platform Uphold has added support for the British pound, which means that its users can trade cryptocurrencies by paying through UK bank accounts. The service will be released in beta on Wednesday and is expected to be open to the public on January 21. In the near future, the Faster Payments Service (FPS) in the UK will also enable instant transfers. After that, UK users will be able to use bank cards to make zero-fee deposits, and these deposits can be settled in seconds with FPS. They can also make deposits in 8 supported cryptocurrencies, including BTC, ETH and XRP. With support from Uphold's third-party providers, users can earn interest from fiat and cryptocurrencies stored on the platform.